MySpace.com: An Empire Based on Spam?

I've called Myspace.com "the bastard son of the Globe," but the analogy might be better served by likening the site to Spam, according to a muckraking expose written by Trent Lapinski which appeared in ValleyWag this week.

According to Lapinski, "MySpace was actually created by executives whose backgrounds are anchored in spam and mass marketing, and who are tied to investment scandals" and the site's phenomenal growth is due to nothing more than the "re-imagining and repackaging of spam."

Myspace.com seems untouchable right now (some studies put its popularity ahead of Yahoo's), but if Lapinski is on the money, it's a castle built on sand.